Duplex With Updated
For Sale
$999,950
Pending
3627 Loma Vista Ave, Oakland, CA 94619
MULTI_FAMILY - Oakland, CA
Property Size1,904 SF
Lot Size0.14 Acres
Days on Market153
Property Features for 3627 Loma Vista Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 3, Bathroom 3, Bedroom 2, Bathroom 1
Parking features
Garage, Open
Window features
Screens, Double Pane Windows
Interior features
Storage, Shower Stall(s), Tub w/Shower Over
Exterior features
Back Yard, Garden
Fencing
Fenced, Partial
Fireplace
1
Appliances
Gas Water Heater, Water Softener
Subdivision
Laurel District
Lot features
Level, Back Yard
Standard status
Pending
APN
3019038
Size
1,904 SF
Lot size
0.14 Acres
Utilities
Heating system
Wall Furnace, Fireplace(s)
Cooling system
Ceiling Fan(s)
Amenities
whole-home water filtration system
Building Details
Year built
1950
Number of units
2
Flooring type
Tile, Hardwood, Vinyl
Building materials
Stucco
Roof type
Composition
Additional Structures
Storage
Listing Agency:
EXP Realty of California, Inc
(888) 584-9427
Listed By:
Katrina Carter · License #01324500
(510) 288-6002
Added: Mar 11
Changed: Aug 3
Last Checked: Aug 10 at 4:06PM
MLS# 41126686
Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 3627 Loma Vista Ave in Oakland, this 1,904-square-foot duplex sits on a 0.1377-acre lot and was built in 1950. The property features stucco construction with a composition roof, plus a mix of flooring including hardwood, vinyl, and tile. Heating includes wall furnaces and fireplaces, and cooling is provided by ceiling fans.
The duplex offers two separate living levels. The lower unit is a two-bedroom, one-bath layout with refinished hardwood floors and updates including new tile flooring in the kitchen and updated cabinets. The bathroom includes newly painted walls and cabinetry. The upstairs unit is a one-bedroom, one-bath home and is described as well-kept. Additional interior features include storage, a tub with shower over, and a shower stall.
Exterior amenities include a back yard and garden with partial fencing. Parking is available with a garage and open parking. Recent improvements include a new roof, updated electrical and plumbing systems, and a Halo 5 whole-home water filtration system, along with a gas water heater and water softener.
The duplex offers two separate living levels. The lower unit is a two-bedroom, one-bath layout with refinished hardwood floors and updates including new tile flooring in the kitchen and updated cabinets. The bathroom includes newly painted walls and cabinetry. The upstairs unit is a one-bedroom, one-bath home and is described as well-kept. Additional interior features include storage, a tub with shower over, and a shower stall.
Exterior amenities include a back yard and garden with partial fencing. Parking is available with a garage and open parking. Recent improvements include a new roof, updated electrical and plumbing systems, and a Halo 5 whole-home water filtration system, along with a gas water heater and water softener.
Key Highlights
- Duplex on 0.1377‑acre lot with 1,904 SF of living space
- Lower unit: two‑bedroom, one‑bath with refinished hardwood floors and updated kitchen and bathroom
- Upper unit: one‑bedroom, one‑bath with interior condition described as well‑kept
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,635
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.36%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$872,700
$872.7K
Cap Rate 7%
$623,357
$623.4K
Cap Rate 9%
$484,833
$484.8K
Market Conditions
NOI Build-Up for 1,904 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$65.1K $34.20/SF
− Vacancy
−$2.8K −$1.46/SF
EGI
$62.3K $32.74/SF
− OpEx
−$18.7K −$9.82/SF
NOI
$43.6K $22.92/SF
Area
Oakland, CA
Vacancy
4.27%
Lease Rate
$34.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$872,700
Cap Rate 7%
$623,357
Cap Rate 9%
$484,833
Alternative Uses
Best Use
Multifamily LT 5
$623.4K
$545.4K – $727.3K
NOI $43,635 @ 7.0% cap · market cap 4.36%
Second Best
Apartment 5plus
$574.3K
$502.5K – $670.1K
NOI $40,203 @ 7.0% cap · market cap 4.02%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
904
Businesses Nearby
Explore this area
Business Placement
Demographics for 94619, CA
24,867
Population
10,348
Households
2.4
Avg Household Size
41
Median Age
57%
College-Educated
89%
High-School Grad
8.3 sq mi
ZIP Area
2,996
Density / Sq Mi
$129,879
Median Household Income
$65,351
Median Earnings
$2,131
Median Rent
$997,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit duplex with a new roof, updated electrical and plumbing, and an on-site garage plus open parking.
Where is this duplex located?
The property is located at 3627 Loma Vista Ave Oakland, CA.
What is the asking price?
The asking price for this property is $999,950.
What are key features of this property?
This property features: Duplex on 0.1377‑acre lot with 1,904 SF of living space; Lower unit: two‑bedroom, one‑bath with refinished hardwood floors and updated kitchen and bathroom; Upper unit: one‑bedroom, one‑bath with interior condition described as well‑kept
